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Would you say the same thing for Enron execs? For Bernie Madoff? I think the business of running a scam or a fraudulent company is quite different to an actual
by SahAssar 3y ago
Would you say the same thing for Enron execs? For Bernie Madoff?
I think the business of running a scam or a fraudulent company is quite different to an actual business.
- sharkweek 3y ago20 years ago? No for either. Now? Yes for Kenneth Lay (assuming he was still alive and/or not hiding on a desert island under a new identity if I put on my tin foil hat)... Madoff, probably not.
- SahAssar 3y agoWhy a yes for Kenneth Lay? Do you think the experience of running a scam is transferable to a real business? Or do you not consider enron a scam? Or do you think the line between scams and businesses is so blurred that the skill doing them is the same?
- manquer 3y agoI would say yes for madoff . Lots of people made a ton of money of him for decades , and losses were not as bad as originally thought. There is bound to be a few people who have a soft spot and will give him money again .
- hilux 3y agoLook at the comment two levels above about Adam Neumann.
- SahAssar 3y agoAdam Neumann is not a good example. While he has proven good at raising money he has not been proven at running a business or even finding successful ones. My comment was exactly about that difference.
- hilux 3y agoI completely agree with your assessment of Adam Neumann. AND ... post the WeWork debacle, Neumann has once again succeeded in raising a massive investment.